Is global economy through the mnc an instrument


Assignment Task: Global economy engaged in businesses across the national boundaries and profit becomes their utmost goal. And Multinational Companies {MNC's} prefer free trade because of the convenience in dealing with cheap labor and minimal overhead expenditures.

Is global economy through the MNC's an instrument of furthering the economic plight of people in the Philippines specifically belonging to the Middle and Lower class social stratification? How do you strike the balance between profit and economic exploration?

Relate the principles of Salus Populi and the Private Property espoused in Rerum Novarum as applied on a specific company in the Philippines focused on their employer-employee relationships.

Provide specific details. Cite sources

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Macroeconomics: Is global economy through the mnc an instrument
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